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Institution 13 stories

Capital Markets Board (SPK)

The Capital Markets Board (SPK) is a regulatory and supervisory public institution with administrative and financial autonomy. It was established in 1981 under Capital Markets Law No. 2499. Its purpose is to channel savings into securities, ensure the capital market operates with confidence and transparency, and protect the rights of savers.

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Photo: Euronews Türkçe

Economy 77 sources

15 detained in fund investigation, assets of 9 companies frozen

In the KTLEV investigation conducted by the Istanbul Chief Public Prosecutor's Office, 15 out of 25 suspects were detained and 10 are sought. Justice Minister Gürlek announced that assets of 9 companies were frozen; the Capital Markets Board (SPK) extended the liquidation period of 131 funds to six months.

Source spectrum State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign
TRT Haber2 articles · 17th to publish the story21 Sept, 00:28 Sermaye piyasası işlemleri soruşturmasında 2 gözaltı daha Anadolu Ajansı39th to publish the story21 Sept, 00:18 SPK, fonların tasfiyesinde süreyi 6 aya çıkardı Takvim2 articles · 6th to publish the story21 Sept, 00:27 SPK tasfiye edilecek 131 yatırım fonunun tasfiye süresini 3 aydan 6 aya çıkardı Yeni Akit2 articles · 7th to publish the story21 Sept, 02:49 Fon soruşturmasında Tera Yatırım’ın iki yönetim kurulu üyesine gözaltı +10 +11 Yeni Akit · 7th to publish the story Hürriyet · 5th to publish the story A Haber · 2nd to publish the story Sabah · 3rd to publish the story TGRT Haber · 4th to publish the story Yeni Asır · 12th to publish the story Haber7 · 33rd to publish the story Star · 38th to publish the story Milat · 23rd to publish the story CNN Türk · 16th to publish the story Yeni Şafak · 37th to publish the story Serbestiyet2 articles · 14th to publish the story20 Sept, 21:02 Fon soruşturmasında Topkapı Üniversitesi’nden dördüncü gözaltı: Nihat Kırmızı da gözaltında NTV2 articles · 29th to publish the story21 Sept, 00:25 Fon soruşturması: SPK, fonların tasfiye sürecini 6 aya çıkardı +15 +16 NTV · 29th to publish the story Konya Yenigün · 24th to publish the story Karar · 40th to publish the story Bloomberg HT · 15th to publish the story Ekonomim · 30th to publish the story Gazete Oksijen · 19th to publish the story Diyarbakır Söz · 11th to publish the story Habertürk · 43rd to publish the story Mersin Haber · 32nd to publish the story Dünya · 34th to publish the story Ekonomi Manşet · 22nd to publish the story PSM · 9th to publish the story Sigorta Gündem · 10th to publish the story Bursa Hakimiyet · 27th to publish the story Diken · 26th to publish the story Kısa Dalga · 47th to publish the story Evrensel2 articles · 21st to publish the story21 Sept, 06:38 SPK'den fon tasfiyesinde süre uzatımı: Kapatılma mühleti 6 aya çıkarıldı Sözcü2 articles · 25th to publish the story21 Sept, 05:20 236 milyonluk para trafiğini açıklayamadı +12 +13 Sözcü · 25th to publish the story Halk TV · 18th to publish the story Gerçek Gündem · 28th to publish the story Tele2 Haber · 31st to publish the story BirGün · 42nd to publish the story Muhalif · 46th to publish the story Cumhuriyet · 35th to publish the story Oda TV · 41st to publish the story Nefes · 20th to publish the story Yeniçağ · 36th to publish the story Artı Gerçek · 13th to publish the story Yeni Yaşam · 48th to publish the story soL Haber · 45th to publish the story BBC Türkçe (GB)2 articles · 44th to publish the story21 Sept, 01:27 SPK fonların tasfiye sürecini altı aya uzattı Euronews Türkçe (FR)2 articles · First to publish the story21 Sept, 10:34 Sermaye Piyasası Kurulu fonların tasfiye sürecini 6 aya uzattı Sputnik Türkiye (RU)2 articles · 8th to publish the story20 Sept, 19:56 Fon soruşturmasında yeni gelişme: Pusula Holding yöneticilerinin yurtdışına para çıkardığı belirlendi +2 BBC Türkçe · 44th to publish the story Sputnik Türkiye · 8th to publish the story
Photo: A Haber

Economy 82 sources 2 updates

Two more detained from Tera Yatırım in capital markets investigation

Tera Yatırım board members Bülent Uygun and Abdulkadir Özkan have been detained. In the investigation, it was previously determined that Serdar Turhan transferred 15 million dollars and Muhammed Yarız transferred 25 million euros to Switzerland, and Nihat Kırmızı was also detained.

Source spectrum State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign
TRT Haber2 articles · 9th to publish the story20 Sept, 12:53 Fon soruşturmasında MASAK'a yeni inceleme talebi A Haber2 articles · 7th to publish the story19 Sept, 15:45 Fon soruşturmasında yeni gelişme: Pusula Portföy ve Tera yöneticileri gözaltında! İşte 5 isim... Hürriyet2 articles · 10th to publish the story19 Sept, 18:28 Fon soruşturmasında yeni gelişme: 5 yeni gözaltı +12 +13 Hürriyet · 10th to publish the story Takvim · 6th to publish the story Sabah · 8th to publish the story CNN Türk · 23rd to publish the story Yeni Akit · 16th to publish the story TGRT Haber · 11th to publish the story Milat · 24th to publish the story Yeni Şafak · 29th to publish the story Milliyet · 30th to publish the story Star · 31st to publish the story Yeni Asır · 33rd to publish the story Haber7 · 42nd to publish the story Haber7 · 48th to publish the story PSM2 articles · First to publish the story19 Sept, 16:22 Fon soruşturmasında tutuklanan Altunç Kumova'nın ifadesi ortaya çıktı Gazete Oksijen2 articles · 5th to publish the story19 Sept, 15:40 Fon soruşturması: Pusula Portföy ve Tera'nın yöneticileri hakkında gözaltı kararı +16 +17 Gazete Oksijen · 5th to publish the story NTV · 15th to publish the story Serbestiyet · 20th to publish the story Ekonomim · 27th to publish the story Dünya · 26th to publish the story Bloomberg HT · 19th to publish the story Sigorta Gündem · 2nd to publish the story Ekonomi Manşet · 21st to publish the story Diken · 18th to publish the story Habertürk · 34th to publish the story Kısa Dalga · 35th to publish the story Bursa Hakimiyet · 36th to publish the story Bianet · 37th to publish the story Mersin Haber · 43rd to publish the story Karar · 41st to publish the story Diyarbakır Söz · 45th to publish the story Konya Yenigün · 49th to publish the story Oda TV2 articles · 13th to publish the story19 Sept, 16:06 Destek Holding Altunç Kumova ifadesi çıktı... Yeni gözaltı dalgası Nefes2 articles · 28th to publish the story20 Sept, 12:45 Fon soruşturmasında yeni gelişme: 4 şirket için MASAK'a inceleme talebi +10 +11 Nefes · 28th to publish the story Sözcü · 14th to publish the story Gerçek Gündem · 17th to publish the story Artı Gerçek · 4th to publish the story Tele2 Haber · 3rd to publish the story Muhalif · 32nd to publish the story Cumhuriyet · 39th to publish the story Halk TV · 44th to publish the story Yeniçağ · 40th to publish the story BirGün · 46th to publish the story Evrensel · 47th to publish the story BBC Türkçe (GB)22nd to publish the story19 Sept, 18:57 Borsa soruşturmasında şirket yöneticisi beş kişi daha gözaltına alındı Sputnik Türkiye (RU)2 articles · 12th to publish the story20 Sept, 12:49 Fon soruşturmasında 4 şirket için MASAK'a yeni inceleme talebi: Yurtdışı para transferleri incelenecek +2 +3 Sputnik Türkiye · 12th to publish the story Bloomberg · 25th to publish the story Euronews Türkçe · 38th to publish the story
Photo: Sözcü

Economy 4 sources

Names in Tera management in spotlight after Capital Markets Board liquidates 131 funds

Following the Capital Markets Board (SPK) decision to liquidate 131 funds traded on TEFAS belonging to 7 portfolio management firms, the executives of Tera Portföy and Tera Yatırım are being discussed; Sözcü noted that serving in management does not constitute an accusation of wrongdoing in itself.

Source spectrum State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign
Karar3rd to publish the story19 Sept, 19:50 EspressoLab boykotunda “vatan hainliği” sözleriyle gündeme gelmişti: Abdülkadir Özkan da Tera Yatırım yönetiminde Cumhuriyet2 articles · First to publish the story19 Sept, 18:38 Fon skandalında dikkat çeken isimler: Sabah yazarı, rektör, Cumhurbaşkanı Başdanışmanı… Sözcü2nd to publish the story19 Sept, 19:06 Boykot yapanlara ‘vatan haini’ demişti… Fon skandalındaki isim Başbakan danışmanıymış!
Photo: Halk TV

Economy 34 sources

In statement, Kumova details agreement made with Tera Yatırım for IPO

Destek Holding's major shareholder Altunç Kumova, arrested in the investigation, stated they agreed with Tera Yatırım for a 2% commission on Destek Faktoring's IPO, with Tera Group firms and qualified investors purchasing a 20% stake. He described the valuation rising to 1.3 trillion lira (TL) as an "abnormal figure."

Source spectrum State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign
Anadolu Ajansı24th to publish the story19 Sept, 18:42 Sermaye piyasası işlemleri soruşturmalarında 5 şüpheliye gözaltı Takvim14th to publish the story19 Sept, 15:04 Altunç Kumova’dan 60 katlık yükseliş itirafı: “Anormallik sezdim” A Haber15th to publish the story19 Sept, 15:10 Tutuklanan Altunç Kumova’nın savcılık ifadesi ahaber.com.tr'de! 1,3 trilyonluk değerleme için “anormal rakam” dedi +4 +5 A Haber · 15th to publish the story Haber7 · 16th to publish the story Sabah · 18th to publish the story CNN Türk · 25th to publish the story Milat · 26th to publish the story PSM2 articles · First to publish the story19 Sept, 09:21 Destek Yatırım Bankası’nın patronu Altunç Kumova tutuklandı Karar2 articles · 8th to publish the story19 Sept, 16:47 Kumova'dan Destek'in 'Garanti ve Yapı Kredi’nin 4 katına çıkması normal mi?' sorusuna cevap: Anormaldi ama kontrolüm dışındaydı +6 +7 Karar · 8th to publish the story Sigorta Gündem · 6th to publish the story Ekonomi Manşet · 5th to publish the story Ekonomim · 17th to publish the story Bursa Hakimiyet · 19th to publish the story Habertürk · 22nd to publish the story Mersin Haber · 23rd to publish the story Evrensel3rd to publish the story19 Sept, 09:01 Destek Yatırım Bankası patronu Altunç Kumova tutuklandı Halk TV2 articles · 2nd to publish the story19 Sept, 17:08 Tutuklanan Destek Holding’in patronu Altunç Kumova’nın savcılık ifadesi ortaya çıktı +9 +10 Halk TV · 2nd to publish the story Nefes · 7th to publish the story BirGün · 4th to publish the story Tele2 Haber · 11th to publish the story Yeniçağ · 10th to publish the story Oda TV · 9th to publish the story Artı Gerçek · 12th to publish the story Muhalif · 13th to publish the story Cumhuriyet · 20th to publish the story Sözcü · 21st to publish the story
Photo: Artı Gerçek

Economy World press 26 sources

WSJ examines investment fund crisis in Türkiye and liquidation of 131 funds

The Wall Street Journal analyzed the turmoil that began when certain funds failed to fulfill redemption requests and spread to Borsa Istanbul (BIST); the Capital Markets Board (SPK) initiated the liquidation of 131 funds belonging to 7 portfolio management companies.

Source spectrum State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign
TRT Haber (ekonomi)First to publish the story18 Sept, 07:22 SPK, 131 yatırım fonunda tasfiye sürecini başlattı: 2 banka yetkilendirdi Anadolu Ajansı (ekonomi)2 articles · 3rd to publish the story18 Sept, 22:53 Volkswagen'de kriz derinleşiyor Hürriyet13th to publish the story18 Sept, 19:47 Tera Finansal Yatırımlar ile Hedef Holding'de yönetim değişikliği Gazete Oksijen17th to publish the story18 Sept, 22:49 Volkswagen'de kriz derinleşiyor Bloomberg HT2 articles · 8th to publish the story18 Sept, 22:59 Volkswagen'de kriz derinleşiyor +9 +10 Bloomberg HT · 8th to publish the story Ekonomim · 18th to publish the story Kıbrıs Genç TV · 10th to publish the story Kısa Dalga · 5th to publish the story Serbestiyet · 2nd to publish the story Karar · 11th to publish the story Dünya · 19th to publish the story PSM · 6th to publish the story Sigorta Gündem · 7th to publish the story Ekonomi Manşet · 15th to publish the story BirGün2 articles · 12th to publish the story18 Sept, 22:52 Volkswagen'de Porsche kaynaklı kriz derinleşiyor Artı Gerçek4th to publish the story18 Sept, 10:22 Bakan Şimşek'ten 'fon krizi' açıklaması: Yapısal bir sorun yok Sözcü14th to publish the story18 Sept, 20:41 Tera ve Hedef Holding'de iki yönetici istifa etti +2 Artı Gerçek · 4th to publish the story Sözcü · 14th to publish the story Sputnik Türkiye (RU)16th to publish the story18 Sept, 21:10 Tera Finansal Yatırımlar ve Hedef Holding'de peş peşe istifalar Financial Times (GB)9th to publish the story18 Sept, 15:38 Turkey moves to liquidate funds at centre of ‘Ponzi-like scheme’
Photo: Tele2 Haber

Economy World press 33 sources 2 updates

Differing figures on number of arrests in capital markets investigation

Justice Minister Akın Gürlek announced that suspects, including a fund management board chairman and members, were arrested over allegations of manipulative trading, and 51 people were banned from leaving the country; access to 246 social media accounts was blocked.

Source spectrum State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign
TRT Haber2 articles · First to publish the story18 Sept, 23:04 Yaş sebze ve meyvede fahiş fiyat soruşturması: 40 şüpheli tutuklandı Anadolu Ajansı20th to publish the story18 Sept, 22:47 "Tarladan markete fiyat yolculuğu" soruşturmasında gözaltına alınan 40 zanlı tutuklandı CNN Türk29th to publish the story19 Sept, 03:13 Fahiş fiyat soruşturmasında kritik karar! 40 kişi tutuklandı Takvim15th to publish the story18 Sept, 22:28 Yaş sebze ve meyve piyasasında fahiş fiyat soruşturması: 40 şüphelinin tamamı tutuklandı +5 +6 Takvim · 15th to publish the story Yeni Asır · 30th to publish the story A Haber · 10th to publish the story Hürriyet · 14th to publish the story Haber7 · 25th to publish the story Milat · 8th to publish the story Bloomberg HT3rd to publish the story18 Sept, 09:39 Gürlek: 4 fon yöneticisi tutuklandı, 51’ine yurt dışı çıkış yasağı Bianet28th to publish the story19 Sept, 02:04 Yaş sebze-meyve toptancılarına “fahiş fiyat” operasyonu: 40 şirket yöneticisi tutuklandı +8 +9 Bianet · 28th to publish the story Ekonomim · 9th to publish the story Habertürk · 27th to publish the story Karar · 23rd to publish the story Bursa Hakimiyet · 11th to publish the story Mersin Haber · 18th to publish the story Diken · 16th to publish the story Dünya · 13th to publish the story Ekonomi Manşet · 24th to publish the story Tele2 Haber2nd to publish the story18 Sept, 09:23 Fon yöneticisi ve holding patronlarının mal varlıklarına tedbir konuldu BirGün19th to publish the story18 Sept, 22:38 Büyük meyve-sebze dağıtımcılarına operasyon: 40 kişi tutuklandı +6 +7 BirGün · 19th to publish the story Gerçek Gündem · 26th to publish the story Sözcü · 22nd to publish the story Oda TV · 7th to publish the story Nefes · 17th to publish the story Halk TV · 12th to publish the story Muhalif · 31st to publish the story DW Türkçe (DE)5th to publish the story18 Sept, 11:11 Sermaye piyasasında manipülasyon iddiası: 20 kişi tutuklandı Sputnik Türkiye (RU)21st to publish the story18 Sept, 22:48 Fahiş fiyat soruşturması: 40 şüpheli tutuklandı +2 +3 Sputnik Türkiye · 21st to publish the story BBC Türkçe · 4th to publish the story Asharq Al-Awsat · 6th to publish the story

Where reports differ

State media and foreign press TRT Haber and DW Türkçe reported in their headlines that a total of 20 suspects were arrested.
Opposition and independent press Tele2 Haber and Bloomberg HT, citing Gürlek's statement, highlighted that 4 suspects were arrested and 51 people were subjected to a travel ban.
Photo: BirGün

Economy 1 source

Religious Affairs Foundation's 2.12 billion lira stake in investment fund becomes subject of controversy

BirGün reported that following the Capital Markets Board (SPK)'s decision to disclose investors holding large shares in investment funds, the Turkey Religious Affairs Foundation's stake in a participation money market fund was 2.12 billion lira; the report referenced the Supreme Council of Religious Affairs' 2022 zakat fatwa.

Source spectrum State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign
BirGün19 Sept, 05:00 Vakfın yaman çelişkisi: Fetvada başka gerçekte başka
Photo: Serbestiyet

Economy World press 41 sources 2 updates

Capital Markets Board (SPK) assigns İş Bankası and Ziraat Bankası for liquidation of 130 funds

Assets of 130 funds belonging to seven portfolio management companies will be converted to cash, with the process to be completed within three months at most. Treasury and Finance Minister Mehmet Şimşek said, "There is no structural problem in the stock market or the fund market."

Source spectrum State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign
TRT Haber5 articles · First to publish the story18 Sept, 13:52 Tuna Portföy'den fon süreçlerine ilişkin açıklama Anadolu Ajansı (ekonomi)2 articles · 3rd to publish the story18 Sept, 10:12 Bakan Şimşek: Borsada ve piyasada yapısal sorun yok Milat2 articles · 10th to publish the story18 Sept, 14:17 Tuna Portföy'den fon süreçlerine ilişkin açıklama A Haber2 articles · 5th to publish the story18 Sept, 10:17 Hazine ve Maliye Bakanı Mehmet Şimşek'ten piyasa mesajı: Genele yayılmış sistemik risk yok Diken2 articles · 6th to publish the story18 Sept, 10:19 Şimşek: Problem sınırlı sayıda fonda, genele yayılan risk yok Bloomberg HT2 articles · 4th to publish the story18 Sept, 15:32 Fonların ödeme ve tasfiye sürecini belirlendi +10 +11 Bloomberg HT · 4th to publish the story Serbestiyet · 8th to publish the story Dünya · 16th to publish the story Karar · 20th to publish the story Gazete Oksijen · 9th to publish the story Kısa Dalga · 11th to publish the story Ekonomim · 21st to publish the story Bursa Hakimiyet · 19th to publish the story Ekonomi Manşet · 13th to publish the story PSM · 14th to publish the story Sigorta Gündem · 15th to publish the story Artı Gerçek2 articles · 2nd to publish the story18 Sept, 10:22 Bakan Şimşek'ten 'fon krizi' açıklaması: Yapısal bir sorun yok Nefes2 articles · 18th to publish the story18 Sept, 14:22 Fon mağdurlarının paralarını ödeyecek 2 banka belli oldu +4 +5 Nefes · 18th to publish the story Gerçek Gündem · 7th to publish the story Cumhuriyet · 22nd to publish the story Yeniçağ · 24th to publish the story BirGün · 25th to publish the story Sputnik Türkiye (RU)17th to publish the story18 Sept, 13:27 Tera Portföy'den tasfiye sürecine ilişkin açıklama: Ödeme planını nasıl olacak? BBC Türkçe (GB)12th to publish the story18 Sept, 11:06 Bakan Şimşek: Borsa ve fon piyasasında genele yayılan bir risk yok Financial Times (GB)23rd to publish the story18 Sept, 15:38 Turkey moves to liquidate funds at centre of ‘Ponzi-like scheme’ +2 BBC Türkçe · 12th to publish the story Financial Times · 23rd to publish the story

Where reports differ

State media According to a statement reported by TRT Haber, Şimşek said the problem was limited to a small number of free funds stemming from credit and liquidity issues, that 131 out of 2,038 funds were affected, and that there was no systemic risk.
Opposition press Artı Gerçek wrote that the funds subject to the liquidation decision belong to approximately 550,000 investors and have a total size calculated at around $17 billion (826 billion lira).
Photo: Oda TV

Economy World press 31 sources

Gürlek: 20 arrests in capital markets; 40 arrested in fruit-and-vegetable investigation

Justice Minister Akın Gürlek announced that 20 people had been arrested in manipulative trading investigations and that 51 people had been banned from leaving the country. In Istanbul's fresh fruit and vegetable pricing investigation, all 40 suspects referred to court were arrested.

Source spectrum State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign
TRT Haber (manşet)2 articles · 5th to publish the story18 Sept, 09:08 Sermaye piyasalarında manipülasyon operasyonu: 20 tutuklama Hürriyet12th to publish the story18 Sept, 09:10 Borsa manipülasyon operasyonu! Bakan Gürlek: Fon yönetim kurulu başkanı dahil 4 kişi tutuklandı Takvim2 articles · 6th to publish the story17 Sept, 18:22 Sermaye piyasası soruşturmalarında 20 şüpheli tutuklandı! 246 hesaba erişim engeli +4 +5 Takvim · 6th to publish the story A Haber · 3rd to publish the story Yeni Akit · 14th to publish the story CNN Türk · 8th to publish the story Yeni Asır · 11th to publish the story Kısa DalgaFirst to publish the story17 Sept, 10:56 İnfo Yatırım ve Hedef Holding’e operasyon: Namık Kemal Gökalp gözaltına alındı Diken15th to publish the story18 Sept, 09:24 Gürlek: Fon başkanı dahil dört kişi tutuklandı +4 +5 Diken · 15th to publish the story Bloomberg HT · 7th to publish the story Ekonomi Manşet · 20th to publish the story PSM · 21st to publish the story Sigorta Gündem · 22nd to publish the story Oda TV18th to publish the story18 Sept, 11:23 Akın Gürlek açıkladı: Borsa manipülasyonu opaerasyonunda 20 tutuklama Artı Gerçek4th to publish the story17 Sept, 17:41 Tera Holding’e operasyon: Genel Müdür Yardımcısı İbrahim Bekçi gözaltında +2 +3 Artı Gerçek · 4th to publish the story Aykırı · 10th to publish the story Yeniçağ · 23rd to publish the story Sputnik Türkiye (RU)13th to publish the story18 Sept, 09:11 Bakan Gürlek duyurdu: Fon Yönetim Kurulu Başkan ve üyeleri dahil 4 kişi tutuklandı DW Türkçe (DE)17th to publish the story18 Sept, 11:11 Sermaye piyasasında manipülasyon iddiası: 20 kişi tutuklandı +4 +5 DW Türkçe · 17th to publish the story BBC Türkçe · 16th to publish the story Al-Monitor · 9th to publish the story Asharq Al-Awsat · 19th to publish the story Financial Times · 2nd to publish the story
Photo: Ekonomim

Economy World press 4 sources 2 updates

Public institutions take steps in fund crisis, Central Bank foreign currency sales in focus

The Treasury and Finance Ministry convened the Financial Stability Committee, and the Central Bank (TCMB) raised repo funding to 300 billion lira. According to reports citing Reuters, the Central Bank sold approximately $5 billion on Wednesday; the Turkey Wealth Fund was reported to have made purchases on the stock exchange.

Source spectrum State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign
Haber73rd to publish the story18 Sept, 16:24 Devlet dört koldan devrede: Merkez Bankası, SPK, Varlık Fonu ve Emlak Katılım anında müdahale etti Ekonomim4th to publish the story18 Sept, 16:27 Reuters: TCMB, çarşamba günü 5 milyar dolar döviz sattı Halk TV2nd to publish the story18 Sept, 16:23 Son dakika | Fon krizinin maliyeti belli oldu: Tek günde milyarlarca dolar gitti Bloomberg (US)First to publish the story18 Sept, 15:37 Turkey’s Wealth Fund Bought Blue-Chip Stocks to Stem Market Rout

Where reports differ

Pro-government press Highlights the simultaneous measures taken by the Treasury, the Central Bank, the Capital Markets Board (SPK) and the banking regulator BDDK, as well as the Turkey Wealth Fund's role as a strong buyer on the stock exchange.
Opposition press Emphasizes the cost of the intervention: citing bankers' calculations, it reports that the Central Bank sold $5-5.2 billion in a single day and that a liquidation decision was made for a fund worth approximately 900 billion lira.
Photo: BirGün

Economy 7 sources 2 updates

Funds of seven portfolio companies closed, 131 funds enter liquidation process

On September 17, the Capital Markets Board (SPK) closed the Electronic Fund Trading Platform (TEFAS) funds of Tera, Pusula, Hedef, Atlas, A1, Pardus and Bulls Portföy to buying and selling; according to BirGün's calculations, the 223 funds of these companies total approximately 1.10 trillion lira in size, with 932,000 investors.

Source spectrum State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign
Ekonomi ManşetFirst to publish the story18 Sept, 15:38 Altunç Kumova'nın kağıt üzerindeki kaybı 4 milyar doları buldu Ekonomim7th to publish the story18 Sept, 16:41 Bloomberg: Tera'nın “Goldman Sachs” olma hayali fon krizine nasıl dönüştü? +2 +3 Ekonomim · 7th to publish the story Karar · 5th to publish the story PSM · 2nd to publish the story BirGün3rd to publish the story18 Sept, 16:15 Tera ve Pusula ile gündeme geldi: Fon krizi nedir, nasıl patladı, son durum ne? Yeniçağ6th to publish the story18 Sept, 16:35 Atilla Yeşilada YENİÇAĞ’a değerlendirdi: Fonlarda kriz ihtimali bitmedi, asıl sorun kapıda Cumhuriyet4th to publish the story18 Sept, 16:20 Tuna Portföy kimin? Tuna Portföy ne zaman kuruldu? +2 Yeniçağ · 6th to publish the story Cumhuriyet · 4th to publish the story
Photo: Karar

Economy 29 sources 4 updates

Capital Markets Board halts trading of 7 portfolio companies' funds on TEFAS

The Capital Markets Board (SPK) suspended buying and selling of funds managed by Tera, Pusula, Hedef, Atlas, A1, Pardus and Bulls Portföy on TEFAS; according to ForInvest data, a liquidation decision was taken for 130 funds, and the equity ratio for margin trading was lowered to 20%.

Source spectrum State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign
TRT Haber2 articles · 6th to publish the story17 Sept, 11:06 Sermaye piyasalarına yönelik yanıltıcı paylaşımlara soruşturma Hürriyet15th to publish the story17 Sept, 11:41 Sosyal medyadaki manipülatif borsa paylaşımlarında adli kontrol kararı: 5 şüpheli serbest, 1'i cezaevinde Yeni Asır17th to publish the story17 Sept, 11:51 Son dakika: SPK'dan yeni piyasa tedbirleri: 7 portföy işleme kapatıldı NTVFirst to publish the story16 Sept, 18:30 İbrahim Turhan hakkında soruşturma başlatıldı Karar12th to publish the story17 Sept, 11:30 SPK’dan fon piyasasına sert müdahale: 7 şirketin TEFAS işlemleri durduruldu, 130 fon tasfiye edilecek +9 +10 Karar · 12th to publish the story Diken · 13th to publish the story Bianet · 4th to publish the story Habertürk · 14th to publish the story Ekonomim · 9th to publish the story Dünya · 7th to publish the story Gazete Oksijen · 22nd to publish the story Kısa Dalga · 19th to publish the story Sigorta Gündem · 21st to publish the story PSM · 20th to publish the story Halk TV2 articles · 10th to publish the story17 Sept, 11:49 Son Dakika | Tera Yatırım Holding Yönetim Kurulu Başkanı hakkında karar Evrensel16th to publish the story17 Sept, 11:48 Üç fon çökmüştü: 7 şirketin 130 fonuna tasfiye kararı +5 +6 Evrensel · 16th to publish the story Yeniçağ · 5th to publish the story BirGün · 2nd to publish the story Sözcü · 8th to publish the story Artı Gerçek · 18th to publish the story Gerçek Gündem · 11th to publish the story Independent Türkçe3rd to publish the story17 Sept, 09:07 SPK’dan Katılımevim dahil 3 hisseye işlem yasağı ve suç duyurusu

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